(For more retail coverage, click GlobeSt.com/RETAIL.)
SAN FRANCISCO-Gryphon Investors, a San Francisco-based privateequity firm said Monday that it has closed on its acquisition ofG.I. Joe's Inc., a 26-store sporting goods chain based inWilsonville, OR. Terms of the transaction were not disclosed.
G.I Joe's stores are located in Oregon and Washington. Rangingfrom 36,000 sf to 70,000 sf, they carry a full line of sportinggoods, apparel and footwear and related merchandise. The chain'sgross revenue for the current fiscal year is expected to top $240million.
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